PEK 2.50% 20.5¢ peak rare earths limited

Hi Marnethrule number one - never trade anything you dont...

  1. 1,980 Posts.
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    Hi Marneth

    rule number one - never trade anything you dont understand.

    Strike price doesnt move and you get real tradeable equity when you stump up the cash (usually a couple of days delay while they do the paperwork).

    They dont attract dividends nor do they participate in capital management calls like rights issues etc.

    a great way to leverage but if the expiry date comes and you dont pay your cash call then you are left with a useless piece of wallpaper.

    But see rule number one
 
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